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In just about every area of society, there's nothing more important than ethics.
Henry Paulson
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Henry Paulson
Age: 78
Born: 1946
Born: March 28
Banker
Former United States Secretary Of The Treasury
Investment Banker
Politician
Palm Beach
Florida
Nothing
Important
Every
Area
Ethics
Areas
Society
More quotes by Henry Paulson
Payment systems are critically important for overall market stability. On a typical business day, U.S. payment and settlement systems settle transactions valued at over $13 trillion.
Henry Paulson
A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With access to all necessary information to monitor the markets, this regulator would have a better chance of identifying and limiting the impact of future speculative bubbles.
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There's always light at the end of the tunnel, right? It just depends on how long the tunnel is.
Henry Paulson
A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
Henry Paulson
For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
Henry Paulson
I think all governments engage in intelligence gathering vis-a-vis other governments.
Henry Paulson
There is a very real danger that financial regulation will become a wolf in sheep's clothing.
Henry Paulson
As the Indian government has embraced greater economic openness, the creativity and expertise of the Indian workforce has been unleashed onto the world economic stage.
Henry Paulson
In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
Henry Paulson
I have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They're efficient. They're flexible.
Henry Paulson
I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.
Henry Paulson
As a Christian Scientist, I don't go to doctors and get diagnoses.
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It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.
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I'm a straightforward person. I like to be direct with people.
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Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.
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I've always said, 'I don't want to be irrelevant.'
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An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.
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The worst is likely to be behind us.
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Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
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There are some things that you can work on immediately.
Henry Paulson